I need to do finance calculator in my form

  • Profile Image
    Douglas DeGier 
    Asked on June 17, 2019 at 02:00 PM

    i am trying to put a finance calculator in my form to give monthly payments based on a certain dollar amount my customer chooses.  Need to know how to create that.  

  • Profile Image
    Welvin
    Answered on June 17, 2019 at 04:50 PM

    Hello Douglas,

    Please refer to our calculation guide here https://www.jotform.com/help/259-How-to-Perform-Form-Calculation-Using-a-Widget.

    Here's a demo: https://form.jotform.com/91676368559981.

    The calculation goes this way:

    15608045352019-06-18-017.png

    It is the same for the other calculations, just the result of the percentage and number of months.

    I hope that helps. Please let us know if you need further assistance.

  • Profile Image
    Douglas DeGier 
    Answered on June 18, 2019 at 09:43 AM
    What I will actually be doing is multiplying a dollar amount by a rate factor and would like it to populate for
    36 months
    48 months
    60 months
    So an example would be 100,000 x .02056 = 2055.74 for 60 months
    I don’t want the customer to see the rate factor just have the three terms populate with a payment.
    Can I get a step by step for that?
    ...
  • Profile Image
    David
    Answered on June 18, 2019 at 10:59 AM

    You would need to add a Form Calculation widget for each option(36 months, 48 months, 60 months), then perform the calculation inside each widget, example:

    1560869869amount.png

    Result: https://form.jotform.com/91684279562975

    1560869893result_002.png

    Let us know if you need more help.

  • Profile Image
    Douglas DeGier 
    Answered on June 19, 2019 at 09:43 AM
    I was able to get this calculated and thank you for the help.
    Is there a way to get a dollar sign to populate with it and commas as well? What would I need to do in order to make that happen?

    Thank you
    ...
  • Profile Image
    David
    Answered on June 19, 2019 at 10:00 AM

    You are welcome. We will be glad to address your second question in a new forum thread: https://www.jotform.com/answers/1862585-